Open Demo Account
Home / Market Update / German ZEW Economic Sentiment Index Drops Sharply to 40.4 in Aug

German ZEW Economic Sentiment Index Drops Sharply to 40.4 in Aug

Adel 10 August, 2021 1:46 pm Market Update

The German ZEW headline numbers for August showed that the Economic Sentiment Index dropped more than expected to 40.4 from 63.3 previous while missing estimates of 56.7.

Meanwhile, the Current Conditions sub-index slipped to 29.3. in August as against 21.9 recorded in the previous month and 30.0 expectations.

Tags

Check Also

Gold Crumbles for Fourth Straight Day: Hot U.S. Data Crushes Rate Cut Hopes as Trump Vows Iran “Military Decimation”

Key Takeaways Sharp decline: Spot gold fell 1.6% to $4,578.74 per ounce, while U.S. gold …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends